Sharjah / Emirates Business Women are the drivers of the nation’s economy – that was the message given by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, at the opening of the second edition of the ‘Investing in the Future’ (IFFMENA) conference, which took place yesterday at the Al Jawaher Reception …

  Dubai / Emirates Business The UAE’s economic diversification strategy continues to attract interest from UK investors, despite the sustained low oil prices. That was the view shared by Links Group, one the UAE’s leading providers of commercial facilitation and advisory services, following a recent trade mission to London with the Dubai FDI. “Dubai remains a robust and sustainable market …

  Dubai / Emirates Business The Zayed International Foundation for the Environment signed the agreement with the UN Office for South-South Cooperation last April, launching the eighth annual Global South-South Development Expo to be hosted by the Zayed International Foundation for the Environment on behalf of the UAE Government from October 31 – November 3. The Global South-South Development Expo …

  Dubai / Emirates Business Deyaar Development PJSC, one of the UAE’s largest property development and real-estate services companies, is holding a roadshow in New Delhi, India, next week as part of efforts to target the growing number of Indian investors buying property in the UAE. The move follows a similar event in Mumbai in May when Deyaar showcased an …

  Bloomberg Malaysia Airlines Bhd. Chief Executive Officer Peter Bellew said fare cuts aimed at boosting passenger numbers on Kuala Lumpur-London flights are bearing fruit, with the carrier’s market share up 9 percentage points in the past 11 weeks. The Asian company, which saw passenger confidence slump after two fatal crashes in 2014, now accounts for 53 percent of traffic …

  Bloomberg The UK government will decide next week whether to expand London’s main airport, Heathrow, or its rival Gatwick putting an end to decades of prevarication over what has become one of the most contentious issues in British politics. The preferred option will be chosen by the cabinet’s Economy and Industrial Strategy Sub-Committee with responsibility for airports, Prime Minister …

  Bloomberg Carrefour SA, France’s largest retailer, reported third-quarter revenue that beat analysts’ estimates on stronger-than-expected growth in its home country. Sales rose 3.2 percent on a like-for-like basis to 21.8 billion euros ($23.9 billion), Boulogne-Billancourt, France-based Carrefour said in a statement on Wednesday. Analysts expected 21.7 billion euros. In France, sales climbed 1.2 percent, beating the estimate for 0.5 …

  Bloomberg Starbucks Corp. will more than double its number of locations in China by 2021, increasing the company’s bet on a country that Chief Executive Officer Howard Schultz says eventually could be a bigger market than the U.S. The chain will have 5,000 stores in mainland China within five years, up from about 2,300 now, the Seattle-based company said …

  Bloomberg Samsung Electronics Co. is letting travellers exchange their Note 7 smartphones at special booths set up at America’s busiest airports. The program is part of Samsung’s worldwide effort to recall millions of Galaxy Note 7 phones, which are prone to catching fire and exploding. Customers can exchange the phones or get a full refund, a company representative said …

  Bloomberg Standard Chartered Plc can finally start to move beyond its woes in India. The London-based lender is set to receive a $2.1 billion repayment in the next few weeks from Essar Global, the steel-to-power conglomerate that’s been one of its most problematic borrowers in the country, people with knowledge of the matter said. Standard Chartered may be able …